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Atlantic Economic Journal articles from December 1991
Quarterly publication provides economic developments and changes on a global level. It also publishes economists' research and book reviews.
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Atlantic Economic Journal archives from December 1991
Conjectural variations and market performance in a differentiated product industry.
December 1, 1991... I. Introduction
Since the pioneering works of Chamberlin [1933] and Robinson [1933], there has been a great deal of discussion on product differentiation [for more recent studies, see Lancaster, 1975; Dixit and Stiglitz, 1977; Salop,...
The role of business investment, residential investment, and tax incentives in the economic expansion of the 1980s.
December 1, 1991... I. Introduction
In the early stages of the expansion of the U.S. economy which began in 1983, controversy developed as to whether the recovery was due to supply-side forces or to heightened demand for goods. Economists sympathetic to...
The trade effects of the U.S. generalized system of preferences.
December 1, 1991... I. Introduction
The United States Generalized System of Preferences (GSP) in favor of less-developed countries (LDCs) was established in the Trade Act of 1974 and implemented in 1976. In 1989, U. S. imports totaling $24.3 billion were...
Trends in economic-journal literature: 1969-89.
December 1, 1991... Trends in economic-journal literature have been of interest to economists for a long time, as evidenced by studies that look at various aspects of economic-journal literature topics dating back several decades [Bronfenbrenner, 1966; Holt and...
Effects of asset transfers in oligopoly.
December 1, 1991... I. Introduction
Several recent studies ([Perry and Porter, 1985] (P&P), [McElroy, 1985, 1988], [McAfee and Williams, 1988], and [Farrell and Shapiro, 1990]) have focused on the potential for rationalization economies (via marginal cost...
Joint product signals of quality.
December 1, 1991... I. Introduction
In a paper concerning the relationship between advertising and product quality, Nelson [1970] makes the useful distinction between "search" and "experience" goods. According to Nelson's definitions, a good is a search...
Tariffs, import quotas, and the transfer problem.
December 1, 1991... The differences between tariffs and import quotas in their economic effects have been extensively discussed in the literature [Bhagwati and Srinivasan 1983; Markusen and Melvin, 1988]. The purpose of this paper is to demonstrate another...
Monetary policy on the 75th anniversary of the Federal Reserve System.
December 1, 1991... I. Introduction
This book contains proceedings from a conference held at the Federal Reserve Bank of St. Louis on October 19-20, 1989. The volume includes solid efforts by several economists and policymakers to evaluate monetary policy...